Elevate48
Call Martin

Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$348,711$348,711$458,100
Remaining term (yrs)24.924.930.0
Secondary amount$0$109,389$0
Funding fee$1,744$1,744$0
Note rate2.49%2.49%7.18%
Blended rate2.49%3.806%7.42%
1st payment$1,562.62$1,562.62$3,103.33
2nd payment$0.00$729.26$0.00
Taxes / mo$158.33$158.33$158.33
Insurance / mo$0.00$0.00$0.00
MI / mo$0.00$0.00$91.62
HOA / mo$63.33$63.33$63.33
Total monthly$1,784.28$2,513.54$3,416.61
Cash to close$160,289$50,900$50,900